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    Principles of Accounting Study Set 1
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    Exam 11: Current Liabilities and Fair Value Accounting
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    Sales Tax Payable Is an Example of A(n)
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Sales Tax Payable Is an Example of A(n)

Question 37

Question 37

Multiple Choice

Sales Tax Payable is an example of a(n)


A) estimated liability.
B) contingent liability.
C) trade liability.
D) definitely determinable liability.

Correct Answer:

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